Posts tagged #WillsEstateTrustInhertianceTaxSaving
5 Steps to Making the Right Choices in Life

ProACT sam offers a framework to guide us in our personal, family and work Life. 5 Steps to Making the Right Choices in Life. 

 

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Chez Nous - 3 Principles That Help a Work Family Feel at Home

Every Person in a Team has a Responsibility to Make Decisions

FAMILY BUSINESS

The hotel manager is an important role  

 The hotel manager doesn’t make all the decisions. She has a reception manager, a head chef, a housekeeping manager, a spa manager, a restaurant manager.

Each of these managers have an important role and they have responsibility...

join the club - www.livingandworkingaborad.club

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Expat Contractor - Business Bank Account for a Service Company

ProACT Sam offers 5 questions to consider for a service business bank account. 

If you operate as an Expat contractor overseas using a UK or other offshore company as a service company there are a number of considerations regarding a bank account.

ProACT Partnership Tax Saving Expat Experts offer Free Reviews and Bank Account Opening Service for professionals, contractors, business and the retired living and working abroad or investing and contracting overseas

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Automatic Inheritance Tax on Property, Business and Probate.for Expats

8 Reason to Use Wills and Trusts to Protect Overseas Assets

ProACT Sam Orgill www.proactpartnership.com  .

Automatic Exchange of Information Impacts Everything

The EU introduced new laws for dealing with Estates. Cyprus like other EU countries introduced wide ranging changes in legislation that has a direct impact on the tax status of assets held by Expats overseas.

This allows the possibility for the home country to find out about the overseas business, property and investment assets.  This could add a 40% inheritance tax bill to an estate.

Read the Full Article for More detail and 8 Reason to Use Wills and Trusts to Protect Overseas Assets

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3 Reasons to Review Expat Tax & Pensions

TUESDAY TAX BLOG; ProACT Sam Orgill at Changes to Tax Laws that means there are 3 Reasons to Review Expat Tax & Pensions

Living With a Paradise Paper

If you are Living and Working Abroad in Paradise there may be a piece of paper on its way to you.

Big changes to Tax and Pension for Expats means the Tax Man in your home country and your country of residence may be sending you a letter or a tax demand in the next few months.

 

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5 Top Low Tax Options for Expats

Tuesday Tax: Tax Won’t Change With Brexit UK-Cyprus

5 Top Low Tax Options for Expats Living and Working Abroad

The UK and Cyprus have had a personal and business double taxation treaty since 1974. This will not change after Brexit nor impact on personal or business tax arrangements. Double taxation treaties exist with countries as diverse as Albania and Algeria to Zambia and Vietnam.

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Tuesday Tax: 3 Ways the Tax Man Receives Exchanged Information

Tuesday tax is a weekly briefing of tax news for people Living and Working Abroad from ProACT Partnership Tax Saving Expat Experts. 

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Have you wondered why your banks, savings institutions and property lawyers are chasing you this last year to Update your ID, address and tax number ?

Because of the internet.

Really. Information technology allows the tax man to exchange hugh amounts of Data with the countries it cooperates with. 

They all cooperate apart from the extremes - North Korea anyone ?

www.proactpartnership.com/contact-us  

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Leaders Make Decisions - Team Prepare & Do

Yes Leaders Do work, of course.

Foremost they make decisions.

They train and guide their team,

In order to allow the team members to do the best job possible, make the best decisions

Click to read the full article  

Like comment and share and we will get back to you.  

Click and Register to Keep in touch with Free Updates  : www.proactpartnership.com/register

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Save Probate Costs & Inheritance Tax with Cyprus Property Trust 9 Benefits of a Cyprus Property Family Trust

Do you ever wonder how your family would deal with your Overseas Property on Death? How your wife, husband, children would cope with the time, expense and development of settling your estate in your home country and overseas?

How would you tackle the UK probate and Inheritance tax assessment, a possible demand for 40% inheritance tax payable with 6 months of death?

A simple UK probate on average takes 9 months to settle. If you need probate overseas as well then that time is easily doubled. How would your family manage the overseas property? What is the expense of Probate lawyers overseas (10%) and offshore property agents (5%) and the time off work and travel to clear up your time living and working abroad?

We have created a free article on our website listing the 7 Benefits of a Cyprus Property Family Trust for expats owning overseas property in Cyprus and other countries.

We know from experience over 20 years that planning ahead to protect your Family overseas property assets from the cost and delay of Probate, Forced Sale and Inheritance Tax at a difficult time for your loved ones. 

ProACT can help you protect your family assets down the generations.

Remember, we offer a FREE no obligation Review.

7 Benefits of a Cyprus Property Family Trust

1.           The Trust Deed & Gift can be created

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2017 Cyprus Temporary Tax Returns and Payment Now Due

The tax return deadline is 31/7/17 for 017 Cyprus Temporary Tax Returns and Payment Now Due. 

If you have yet to make a return then you have a month left to complete the return and make any tax due without penalty.

WHAT IS THE TEMPORARY RETURN?

The Cyprus temporary tax return is an estimate of income tax due for the current year and is due from 1st July.

ProACT Partnership Tax Saving Expat Experts -Tax Return Service

Need help completing a return ? What advice on when to pay ? Need to be sure to avaoid penalties ? Contact-us for Free Review

www.proactpartnership.com/contact-u

Sam Orgill

ProACT Partnership Expatriate Advice

 

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Bank Deposit Guarantees for Cyprus Banks

Have you ever wondered how safe your Cyprus Bank Deposits are ? Are you fearful of the 2013 Cyprus banking collapse and loss of investor deposits. ? If a bank fails how long before you get your money back. 

Here's an outline of how Cyprus Bank deposits are covered. Note these are an EU standard and apply to other EU banks with minor local variations. 

Safer Than a Bank

www.proactpartnership.com/contact-us

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